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Tag: government debt

Fitch ratings projects that Armenia’s government debt may rise from 53.6% at end-2019 to 59.2% of GDP in 2020

Economy
Armenia’s general government debt is projected to rise from 53.6% at end-2019 to 59.2% of GDP in 2020 before falling back to 56.0% in 2021, upward revisions of 9.4pp and 7.4pp, respectively, since our last review, and well above the current 'BB' median of 46.5%, Fitch Ratings said in a report

Armenia’s total public debt on October 1 stood at $5.029.8 billion, an increase of 16.3 % from September- NSS.

Economy
Armenia’s total public debt on October 1, 2013 stood at $5.029.8 billion, according to the National Statistical Service (NSS)

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